Tag: Twitter (Page 1 of 2)

What is Happening with Tesla Stock Right Now?

What is happening with Tesla stock
Market News: What is happening with Tesla stock?

Tesla stock is currently trading at $112.77.

Shares are down approximately -22.66% in the past 5 trading days and -77% in the past year-to-date.

Trading volume remains healthy despite its yearly downtrend.

Majority of companies have been affected drastically by our current bear market, and Tesla shares have been no exception.

Shareholders want to know, when will Tesla stock rise again?

Let’s discuss what is happening with Tesla as a company first and then assess its probabilities.

Here are the latest Tesla news and updates.

Tesla is Currently Headed Towards its Worst Year

Tesla (TSLA) is currently headed towards its worst month, quarter, and year on record.

Investors continued to sell shares on Tuesday as we saw a drop of more than -8%.

But much of Tesla’s drop in production is out of the company’s control.

The latest drop comes after the Wall Street Journal reported that Tesla will continue a week-long production halt at its Shanghai facility, facing a fresh onslaught of Covid cases within its Chinese workforce.

Tesla Stock Price Today | Latest Tesla news and updates.
Tesla Stock Price Today | Latest Tesla news and updates.

Tesla shares have fallen over 70% from their record high in November 2021.

The stock is down over 68% in 2022, roughly double the decline in the Nasdaq.

Among major car makers, Ford is down 45% and General Motors has fallen 43%.

Last week, Tesla expanded discounts in North America for buyers of Model 3 and Model Y electric vehicles.

Those discounts came after the automaker offered incentives in mainland China for December auto sales earlier this month.

Elon Musk Sells Tesla Stock

Business News: Elon Musk Sells Tesla Stock.
Business News: Elon Musk Sells Tesla Stock.

Elon Musk’s newly acquired company Twitter has been losing money after several companies paused or suspended advertising on the social media platform.

In this SEC filing, we see the Tesla CEO has sold approximately 22 million shares equivalent to around $3.6 billion.

After the massive selloff, Elon said during a Twitter space call that he will not sell any Tesla shares for about two years.

The Tesla CEO said that he foresees a serious recession in 2023 and needed to prepare for a worst-case scenario.

But Elon Musk isn’t the only one predicting a recession going into the new year.

Both Bank of America and Wells Fargo CEOs are predicting a recession to hit the United States by the first quarter of 2023.

Based on these predictions, there’s a strong probability we will not be seeing shares of Tesla rise again until we enter another bull market or see signs of a bear market coming to an end.

But I’m curious to know your thoughts on what is happening with Tesla stock.

Leave your thoughts below.

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‘Twitter Files’ Exposes Why Twitter Blocked Hunter Biden’s Laptop Story

Twitter Files Hunter Biden Laptop Story
Curated by Franknez.com | Twitter Files: Why Twitter blocked Hunter Biden’s Laptop Story.

The ‘Twitter Files’ segment on Twitter is exploding as Matt Taibbi walks us through on how and why Hunter Biden’s laptop story was suppressed on the social media giant’s platform.

In this article, I’m going to break down the key highlights of the ‘Twitter Files’ part 1.

Let’s get started!

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“Twitter Wasn’t Always Like This”

Elon Musk releases Twitter Files exposing suppression of Hunter Biden laptop story.
Elon Musk releases Twitter Files exposing suppression of Hunter Biden laptop story.

Matt Taibbi says that in the beginning, Twitter more than lived up to its statement, “the power to create and share ideas and information instantly, without barriers.”

But at some point, this statement was completely manipulated.

That is, when both Democrats and Republicans gained access to directly influence what was allowed on Twitter and what wasn’t.

At first, tools for controlling speech were designed to combat the likes of spam and grifters, or financial fraudsters.

Over time, Twitter staff began to take advantage of this leverage tool by accepting speech manipulation on the platform from outside sources.

And apparently, CEO Jack Dorsey had no idea this was occurring!

By 2020, requests from connected actors to delete tweets were routine.

Email exchanges would read: “More to review from the Biden team.”

The reply would come back: “Handled.”

Twitter Files: Provided by Matt Taibbi, article curated by Frank Nez.
Twitter Files: Provided by Matt Taibbi, article curated by Frank Nez.

According to Taibbi, celebrities and unknowns alike could be removed or held for review on the behalf of a political party.

A Major Imbalance Between Democrats and Republicans

While both Democrats and Republicans had access to these tools, the system wasn’t balanced.

Because Twitter was overwhelmingly staffed by people of democratic political orientation, there were more channels, more ways to complain, and more opportunities for Democrats to take advantage of than there was for the Republican party.

Twitter Political Contributors

In 2018, Democrats contributed $295,722 to Twitter while Republicans only contributed $11,100 for access to manipulate speech on the platform.

2020 showed a massive jump in contributions from the Democratic party, totaling to $909,431.

Twitter Files, provided by Matt Taibbi, article curated by Frank Nez.
Twitter Files, provided by Matt Taibbi, article curated by Frank Nez.

The Twitter files shows us that Democrats tampered with elections in 2020 by removing content on Twitter that interfered with their campaign.

One of the biggest coverups being Hunter Biden’s laptop story.

Let’s dive into it.

Why Hunter Biden’s Laptop Story Was Hidden

On October 14, 2020, the New York Post published ‘Biden Secret Emails‘, an exposed based on the contents of Hunter Biden’s abandoned laptop.

Twitter took extraordinary steps to suppress the story, removing links, and posting warnings that it may be “unsafe”, says Taibbi.

The transmissions to share via direct message were blocked, a tool that is reserved for extreme cases, such as child *ornography.

White House spokeswoman Kaleigh McEnany was locked out of her account for sharing the story on Twitter.

This also led public policy executive Caroline Strom to reach out to the Twitter team regarding the unusual circumstances.

Twitter’s response to Strom was that Hunter Biden’s laptop story had been removed for violation of the company’s “hacked materials” policy.

Twitter Files Emails
Provided by Matt Taibbi, article curated by Franknez.com.

According to Matt Taibbi, these decisions were made from those with the highest levels of authority in the company without the knowledge of from former CEO Jack Dorsey.

Head of legal, policy, and trust Vijaya Gadde played a key role.

“They just freelanced it,” is how a former employee characterized the decision.

A Violation of the 1st Amendment

Democratic congressman Ro Khanna reached out to Gadde in efforts to hop on a call and discuss the backlash on ‘re speech’.

“Khanna was the only Democratic official I could find in the files who expressed concern, says Taibbi.”

Vijaya Gadde emails provided by Matt Taibbi, article curated by FrankNez.

“Hope you’re well Vijaya! But this seems a violation of the 1st Amendment principles. If there is a hack or classified information or other information that could expose a serious war crime and the NYT was to publish it, I think the NYT should have that right.”

“A journalist should not be held accountable for the illegal actions of the source unless they actively aided the hack. So to restrict the distribution of that material, especially regarding a Presidential candidate, seems not in the keeping of the principles of NYT v Sulivan“, said Ro Khanna.

This has been part 1 to the ‘Twitter Files’ exposing why Twitter blocked Hunter Biden’s Laptop story and how Democrats were able to influence the election by suppressing a story that had the potential to sway public opinion.

If you enjoyed this breakdown please share it.

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Elon Musk Buying Twitter is A Great Thing: Here’s Why

Elon Musk Buying Twitter
Twitter accepts Elon Musk’s proposal – Market News

Elon Musk buying Twitter might have sparked some controversy.

Ladies and gentlemen, it’s official.

Twitter’s board accepted the $44 billion on Monday.

#ByeTwitter is trending as people oppose the ‘takeover’ by Musk.

But is Elon Musk buying Twitter the worst thing that could have really happened on the platform?

Here’s why the move could actually be a great thing.


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Let’s dive right into it!

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Elon Musk seals Twitter deal

Elon Musk filed a Schedule 13D with the SEC earlier in April adjusting his proposal with Twitter.

He proposed acquiring 100% of Twitter in a $44 billion cash deal on April 14th to take the social media company private.

Elon advised that if the company did not accept his offer he would pull his 9.2 stake out of the company since both their values did not align for the public’s best interest, free speech as Musk has said.

The Tesla and SpaceX CEO became Twitter’s biggest shareholder when it acquired a 9.2 stake in the company.

He purchased more than 73.4 million shares according to the Schedule 13D filing.

Elon’s stake was worth roughly $2.89 billion when the market closed that Friday.

A week after the proposal was made, Elon exposed the Twitter board for not holding any shares of the social media company themselves.

Now the deal is officially sealed according to REUTERS.

What does Elon Musk want to do with Twitter?

Elon Musk says he wants to eliminate spam bots on Twitter as well as bring back freedom of speech on the social media platform.

This is an incredibly important part of the acquisition that has many avid users excited about the takeover.

Elon Musk has been a long-time advocate for freedom of speech and has also exposed injustices in the market.

He understands how the market is manipulated through what he describes as ‘short and distort‘ campaigns.

This is where media is used to create a negative headline on a stock and then short sellers attack it, profiting from the falling share price of a profitable and successful business.

Tesla has been a victim to this type of abuse in the market and Elon has created a disruption in the SEC by exposing this fraud.

But the SEC hasn’t done anything about the market manipulation, but rather investigated Elon Musk instead.

Similarly, what occurred with ‘meme stocks’ last year has retail investors fighting for market transparency as millions of investors have been cheated from their money.

The retail community finally feels like they have a giant on their side.

How will free speech be monitored on Twitter?

Elon Musk on Free Speech - Twitter Acquisition
Elon Musk on Free Speech – Twitter acquisition

Elon expresses during a TED talk that the Twitter acquisition is not for monetary gain but rather an effort to provide humanity with a platform where freedom of speech is not compromised.

In that TED talk, he mentions free speech will abide by laws so it is not lawless.

People against the acquisition think the social media are looking at the negatives rather than the positives.

A social medial platform that can no longer limit Twitter posts from being seen due to scandalous exposure allows the truth to be seen.

Elon Musk said on TED he’s big on the truth.

And those who support Elon Musk buying Twitter is too.

Elon Musk Twitter TED Talk – Elon Musk on Free Speech

What are your thoughts on Elon Musk buying Twitter?

The purpose of Elon Musk buying Twitter is to provide people with a social media platform that cannot be influenced by outside forces, which could potentially harm the narrative of the truth.

While people might argue that a man with so much money and power should not have more influence and more power, I disagree, depending on who wields that power.

Because there are currently people running the country who abuse this power.

And unlike Elon Musk, they are not for the truth.

I’d love to hear your thoughts in the comment section below.

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Former SEC Chairman Says “Musk Has Done Serious Damage to the Market”

Former SEC Chairman Harvey Pitt
Market News: Former SEC Chairman Harvey Pitt takes Jab at Elon Musk

(Bloomberg) Former SEC Chairman Harvey Pitt, says Elon Musk has done serious damage to the market.

When asked what he would do if he were chairman again, his response will alarm you.

It seems the SEC has deep roots of going after those who expose their shortcomings.

Elon Musk has openly talked about how the SEC fails to protect retail investors and now he’s a target.

Let’s get more into what the former SEC Chairman had to say.


Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

Receive weekly market news to stay up to date.

The SEC is uncomprehending of the real issues at hand

When former SEC Chairman Harvey Pitt was asked what he would do today, he responds by saying he would investigate the motive behind Elon Musk wanting to buy Twitter.

Regulators to Elon: Why do you want Twitter?

Elon Musk: For free speech.

Regulators: Right, we got that, but why?

There are a number of things the SEC could be focusing on but continue to neglect retail’s concerns.

Harvey Pitt said Elon Musk is using influencer marketing to move the masses which could be dangerous.

Necessary commentary here: I rather someone with Elon’s influence to move the masses if it means exposing the shortcomings of our incompetent regulators.

The people have already been speaking out about the SEC for years, now they just need a scapegoat do ‘de-escalate’ the sentiment.

But the truth is we need more influencers to speak out on market injustices and corruption in our government.

Elon Musk has not created any damage to the market, our incompetent leaders have.

The SEC has no public support

Here’s a red flag, the SEC has absolutely no public support.

Numerous polls on Twitter have been conducted by retail investors where more than 90% of people say they do not trust the SEC.

Investors believe the SEC has been compromised and no longer serve the people, but rather serve the financial institutions in a pay-to-play system where accountability for systemic risk is pardoned with a fine.

Unfortunately, parties on the same side will attack Elon Musk’s reputation to shut down public perception.

Former SEC Chairman Harvey Pitt fails to realize we no longer live in a world where the people sit in silence.

Social media has given communities platforms to raise awareness of injustices in the world.

The reason why regulators and affiliates have a problem with Elon Musk buying Twitter is because they don’t want the people to have that power.

We can say the same for crypto.

Crypto hedge funds are emerging as laws are being written for cryptocurrency.

Crypto is a true representation of supply and demand, unlike the stock market which is tailored specifically for financial institutions.

The SEC caters to hedge funds and market makers, not the people.

Should the president or the people elect the SEC?


The president elects the SEC Chairman and commissioners.

Which means it would be quite difficult to remove these people from power.

Is this right though?

Should it be difficult to remove government officials from power?

That doesn’t sound American to me.

The people should be allowed to vote these people into power.

Jon Stewart for SEC Chairman, anyone?

Our government is getting more powerful and greedier.

We need people such as Elon Musk to raise awareness of the corruption in the markets.

It’s time the people take their power back and start holding regulators accountable.

Read: Is the SEC Complicit to Market Injustices?

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